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SWGT Token's Public Launch: Phenomenal +3,761.50% Growth
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STEPN is known as a move-to-earn (M2E) Web3 application that was launched on the Solana blockchain network in December 2021. It rewards users according to their level of physical activity and number of calories burned. STEPN uses actively integrated models such as augmented reality (AR) and play-to-earn (P2E) gaming to facilitate its tracking of activities like walking, jogging, and running. The app is designed to convert a user’s physical output into an equivalent amount of Green Satoshi Tokens (GST) as a reward token. The maximum allowable redeemable time for exercise is 10 minutes a day and each user can earn $25 daily on the platform, with a considerable degree of upside once upgrades and enhancements are implemented. The more a user moves, the more GST they earn daily, which they can either trade for another currency or use to purchase “Sneakers”. Sneakers are NFTs on the STEPN platform that can be resold at any time. They give holders perks in the P2E-style interface, allow them to make upgrades, and present them with opportunities to receive random prizes. STEPN’s governance token, GMT, can be bought on the open market and earned by STEPN users who own Sneakers on the app. GMT is used to pay for digital items and upgrades within the STEPN ecosystem; it is also staked for voting on the platform. GMT price is updated and available in real time on Binance. #GMT❤️ $GMT
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Solana is an independent Layer 1 blockchain created as a fast and efficient network with an underlying smart contract protocol. Since its launch in 2020, the Solana network has been dubbed a competitor to Ethereum, and even nicknamed ‘The Ethereum Killer’. The network’s scalability, combined with its low fees and high speed, makes it a leading choice for many NFT-based decentralized applications (dApps), as well as decentralized finance (DeFi) and digital blockchain-based payment ecosystems. The Solana network focuses on high transaction throughput and short processing time, which it achieves via its Proof-of-History (PoH) technology. Solana claims to be able to process 65,000 transactions per second, making it one of the fastest in the industry. The Solana blockchain linearly hashes transactions to create a verifiable order of all the network's activity in order to reach the aforementioned speed. Because of this, there's no need to rely on a block creator's timestamp, or for network validators to check the transaction order. #SOL $SOL
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AMA Session Segment (Crypto Growers & BIOPOP)
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About Arbitrum (ARB) Arbitrum is a layer-2 scaling solution designed to address the congestion issues faced by the Ethereum network. Developed by New York-based company Offchain Labs, Arbitrum focuses on improving the validation of smart contracts. By doing so, it aims to increase transaction throughput while maintaining the security of the Ethereum mainnet. The platform employs a technique called "transaction rollups" to achieve this goal. In essence, transaction rollups involve bundling transactions and records, validating them on the layer-2 network, and then moving the data to the layer-1 mainnet – in this case, Ethereum. This process reduces congestion on the mainnet by offloading some of the computational burdens to the layer-2 network. Arbitrum compensates nodes, known as aggregators, that actively validate smart contracts running on the Arbitrum chain. These nodes receive rewards in ETH and are responsible for adding blocks to the Ethereum mainnet. Recently, The Arbitrum Foundation is facing criticism over its handling of the $1 billion AIP-1 proposal, with concerns about transparency and community input. AIP-1 aims to allocate ARB tokens to a foundation-controlled wallet for distribution to developers, users, and investors. However, fears of centralization and decision-making issues have prompted calls for increased transparency and community involvement in Arbitrum's governance. #ARB🔥🔥🔥 $ARB
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Binance Market Update (2024-06-28)
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Bitcoin Withdrawals From Miner-Linked Wallets Drop By 85%
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